TENANT SCREENING AND QUALIFICATION

Application Requirements

The tenant’s application must be filled out completely and accurately. An incomplete application may be rejected or not processed. Any misstatements or omissions made on the application, whether or not discovered before you move into the building, is grounds for denial of an application or termination of an existing lease. The application should be completed online. The information must be verifiable. If the information given on the application cannot be checked out and verified, this is a reason for rejection. The omission of information, such as an address or employer, may be grounds for rejection. Application fees are non-refundable.

Recommendation from Your Current Landlord

Tenants must provide information for their current and two previous landlords, more if less than four years of history are provided. We require the name and last known telephone number of each landlord/property manager/mortgage or contract for deed payee for each address you have had for the last four years. Roommate references are not acceptable. A positive housing history is one of the most important things considered in screening an application. The refusal of a prior landlord to give a reference, or a negative reference, may be grounds for rejection. In the case of foreclosure, short sale, first time renters, young people, or students, this requirement may be varied subject to additional requirements of management.

Credit History

We conduct a thorough credit check to ensure a history of on-time payments to creditors. An average or even low score may not prevent us from accepting a tenant- if they can provide a guarantor or other mitigating circumstances.  A co-signer will also be asked to provide their financial information. Our minimum credit score is 540, and we consider a score of 600 or above a mitigating factor for other adverse areas in your application. High debt, dishonored debt, a pattern of repossessions, or the inability to obtain utilities in your name due to past due to utility bills may be grounds for disqualification.

Positive Business Relationship

The relationship between a landlord and tenant is a business relationship. A courteous and business-like attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, has been drinking, is argumentative, or in general, displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

Criminal History

Applicants who have a criminal history may be rejected.

Animals

All animals must be disclosed; a separate pet application must be completed.

Initial Costs

• Security Deposit (equivalent to a month’s rent)
• First Month’s Rent (and increasingly, an amount equal to last month’s rent)
• Cost of Application/Credit Report ($55-$165) depending on the number of adults residing at the property.